2.2 Pippin Ltd is planning to prepare its monthly financial statements, so it asked the store keeper to find out the closing stock for one of its products. Assume that the storekeeper asked for your assistance. The business is using the AVCO method. Record the following details on an item of stock for the month of September. (7 Marks) Units Cost per unit 500 8BD Opening stock 2 September -issue 300 6 September - receipt 400 9BD 12 September -issue 220 16 September -issue 200 22 September -receipt 600 9 5BD 27 September - issue 340